The need to make money as a university student is primarily triggered by impotent student allowances. Some other undergraduates may engage in money-making systems in order to acquire a sense of purpose. Whichever the case may be, here is a comprehensive list of 10 business ideas/ways to make money as a university student in Nigeria.
Before we dive into our recommended ideas, it is worth noting that in the search for means to make money as an undergraduate in Nigeria, it is best you begin with things you are familiar with, that’s if you had a skill or participated in a business venture before becoming an undergraduate, it is best you explore that option first. However, you may want to skip it, if it’s something that won’t really sell in the university.
1. Â Tutoring:
The main aim of every student in the university is to excel academically and to excel, it is required that they understand what is being taught. However, understanding what’s being taught in the university, doesn’t always come easy. Personally, I can testify to that. Many students eventually opt for extra classes (Tutoring) and as a student who easily grasps things, you can organize classes and charge each student for attendance. The best software for online tutoring.
If you feel tutoring things currently being taught at your level is a lot of stress for you, then you can opt to tutor people at lower levels. Since you already ran through the course in the past, you will be teaching courses that you already understand to a large extent. A refresh may be needed. Glo Berekete Migration Code / How To Migrate & The Benefits
You must understand that inability to profer a better understanding of the course, means you will run out of business, so it is advisable you properly understand the course and be sure you will be able to teach the course.
2. Assist with Registration:
One of the constant things in the university is the presence of new intakes every year, these new intakes spawn from undergraduates to graduates who come for master’s and Ph.D. programs. However, your money lies more with the undergraduates seeking fresh registration.
There’s no denying the fact that a large number of people have become tech-savvy and one can describe student registration as being easy, however, people do not want to make mistakes, especially when they understand that making corrections won’t really be that easy, and also the fact that it can affect their study in school. Hence they need guidance and may sometimes require printouts.
With all that has been said in the preceding paragraphs, as an experienced undergraduate, you can help people register for different things required in the university, in exchange for cash. However, you must be sure you know what you are doing in order to avoid mistakes.
3. Sales of Course Materials:
For me, selling course materials comes after tutoring, this is because having good materials goes hand in hand with tutoring. Material that covers courses in depth.
Who can provide the needed materials? Well, you of course, especially when you are dealing with lower levels. As a student at a higher level, you can sell the needed materials to your junior colleagues. You can do some sales talk. Increase your chances of selling by letting them know you are a higher colleague. Tell them how the course material helped you during your time as a student at that level.
4. Graphic Designs:
Graphics design is more of an already skilled thing, that’s to say, undergraduates that wish to use graphics design to make money would probably have already known how to design before entering the University. However, I don’t see graphics design as a skill with a very long learning curve, which goes to say you can quickly get a hang of it if you make adequate efforts.
Once you have acquired the skill or if you already had it in you, you can proceed to make designs for people on freelance websites, such as Fiverr, Upwork, People Per Hour, and more. We advise you to make research on how to get people to know you and patronize you on those platforms.
5. Curate Ushering Services:
Still on the topic of best business ideas/ways to make money as a university student, curating ushering services is another option you can look into. One of the reasons I like it is the fact that it’s mostly run on the weekends, which will allow you to focus on your academics during weekdays.
Here it is required to build a group of ushers that can be hired to serve at events. You certainly get paid for this. However, you need to map a strategy to gain popularity.
6. Selling Past Project Materials:
Aside from selling course materials, you can also source and sell project materials for students in their final year and those preparing for seminars. These materials will help guide students in preparing their project reports.
This particular business venture feels more soothing for a graduate, however, as a smart undergraduate, you too can make money from this venture. All you need do, is make proper research liaise with final-year students, use the library, and more.
6. Wig Revamping:
Here, you are tasked with helping your customers make their old wigs look new again. It’s cost-effective for many students, as it helps them evade buying new wigs.
Although it feels more like a ladies’ thing, the guys can also make money off it. However, both genders need to have acquired the skill before they can venture into this business.
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Thankfully, learning how to revamp wigs, doesn’t have a long learning curve, so it’s something you can easily pick up, and get better as you continue to practice.
7. Photography:Â
Photography simply put, is taking photos of clients, in exchange for cash. It’s a business you can easily run inside and outside the university. However, like all other skilled businesses, you need to know what you are doing. People need to be served photos that are better than what they get from taking standard photos from their smartphones.
You probably would have already understood how to take photos with digital cameras before entering the university. However, if you feel passionate about it, you can make out time to learn from skilled people in and out of the university.
Once you have acquired this skill, you can go ahead to cover ceremonies on weekends and take photos of matriculating, convocating, students undergoing induction, birthdays etcetera. I like this business a lot, because I see it as a business you can easily continue after graduation.
8. Barbing Saloon:
The constant need to look good cannot be overemphasized. Students who know how to cut hair can make money by cutting the hair of students and other people on campus.
There is a high chance your school already had an established hair salon before you got admission. So I feel your best shot as this barbing business is to have something functional within the hostel, this way you won’t have to battle with the barbers in conventional stores within the premises of the university.
You can make your room your salon, create awareness, slightly reduce your barbing price, and offer good haircuts and you should get good returns.
Finally, it goes without being told that you should be sure you know how to cut hair. Nobody wants their hair messed up.
9. Selling Akara and Bread:
Enter one of the most sold / popular breakfasts/street food in Nigeria. The Akara and Bread combo has been available for years and I don’t see it going away anytime soon.
Students in the hostel halls and other strategic places can make money by selling them in the morning. Bringing Akara and Bread to the doorstep of students means they would have a faster alternative when they just cannot afford the luxury of preparing something in the morning and also when their cravings fall in line.
Grinding the beans daily for the preparation of Akara isn’t really feasible, so as a student, you should be looking towards utilizing the already-made Akara powder that’s sold in the market. Having purchased them, all you need do is to put the go straight to cooking.
10. Hair Making:
Last but not least on our list, is hair making. It’s a very lucrative business that can help fetch you funds if you know what you are doing. It’s no news that ladies have this constant desire to always look beautiful and their hair is a very key component in this system.
As a student (Either Male or Female) you can make money from it by bringing a more accessible and slightly cheaper service to them. Personally, I feel Students who cannot afford to use Weavons will be your major customers, the fact that natural braids get rough very often, means you are up for a plethora of customers, that’s if you know what you are doing.
Having made sure you are capable of making hair, your next step should be publicity. To publicize your craft, you can place a notice outside your room in your hall of residence. You can also go around the rooms in the hall, telling people what you do and where you stay. You can even go further, by telling them the amount you charge for the service.
Wrapping up:
 There are actually more ideas that you can explore outside this comprehensive list of 10 business ideas/ways to make money as a university student in Nigeria. However, this article is meant to be an eye-opener and a guide for people in recommendations. To this end, I advise that you make your research to see other business opportunities that exist in your university, especially the ones you can run side by side with your studies, without feeling too much pressure. Remember your education comes first.
